• Register

Abu Dhabi real estate boom lifts Aldar to 10-week high

: Wednesday, August 27 - 2014 @ 17:09

The Abu Dhabi market index ADXGI closed 0.26 per cent higher at 5,128.82 points on Wednesday, August 27. Like in Dubai, the market breadth was slightly bearish as 13 stocks gained, while 16 declined in value.

Aldar Properties, the first developer in the UAE capital, surged 2.03 per cent to reach AED4.02. According to Jones LangLasalle , Abu Dhabi witnesses its strongest growth in property prices in the post-Lehman era, especially in the prime real estate segment.

United Arab Bank recorded the biggest drop, ending at AED6.41.

Gérard Al-Fil

Today's Top Stories

Posted by

Wednesday, August 27- 2014 @ 17:09 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

AME Info Services

Business DirectoryVIEW ALL

Search by name

Search by industry

Browse alphabetically


Search for jobs

Latest Jobs